iShares 3-7 Year Treasury Bond ETF $IEI Shares Acquired by LPL Financial LLC

LPL Financial LLC grew its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 11.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,454,299 shares of the company’s stock after purchasing an additional 250,345 shares during the period. LPL Financial LLC owned approximately 1.65% of iShares 3-7 Year Treasury Bond ETF worth $292,921,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of IEI. JPMorgan Chase & Co. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 37.7% in the third quarter. JPMorgan Chase & Co. now owns 16,513,521 shares of the company’s stock valued at $1,973,531,000 after purchasing an additional 4,523,903 shares during the period. Captrust Financial Advisors increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 54.6% in the third quarter. Captrust Financial Advisors now owns 5,643,321 shares of the company’s stock valued at $674,433,000 after purchasing an additional 1,992,633 shares during the period. Dynasty Wealth Management LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 97.3% in the fourth quarter. Dynasty Wealth Management LLC now owns 1,170,497 shares of the company’s stock valued at $139,699,000 after purchasing an additional 577,371 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 216.3% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 739,010 shares of the company’s stock valued at $88,319,000 after purchasing an additional 505,360 shares during the period. Finally, Tanglewood Wealth Management Inc. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 41.5% in the fourth quarter. Tanglewood Wealth Management Inc. now owns 1,480,366 shares of the company’s stock valued at $176,682,000 after purchasing an additional 434,416 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI stock opened at $116.71 on Tuesday. The stock’s 50-day simple moving average is $117.91 and its 200-day simple moving average is $118.90. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $116.51 and a fifty-two week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.3694 dividend. The ex-dividend date was Monday, June 1st. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

iShares 3-7 Year Treasury Bond ETF Company Profile

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.